REGISTERED NUMBER: 03796087 (England and Wales)

Financial Statements for the Year Ended 30 June 2025

for

Faversham Joinery (UK) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R G Dane

M S White

Mrs K J Williams

REGISTERED OFFICE:

Abbey Farm

Abbey Fields

Faversham

Kent

ME13 7FG

REGISTERED NUMBER:

03796087 (England and Wales)

ACCOUNTANTS:

A.K & Co (Accountancy Services) Ltd

19 Victoria Terrace

Hove

East Sussex

BN3 2WB

FIXED ASSETS

Tangible assets

4

191,499

184,318

CURRENT ASSETS

Stocks

18,000

20,000

Debtors

5

118,923

(657

)

Cash at bank

324,709

364,092

461,632

383,435

CREDITORS

Amounts falling due within one year

6

111,518

78,578

NET CURRENT ASSETS

350,114

304,857

TOTAL ASSETS LESS CURRENT LIABILITIES

541,613

489,175

PROVISIONS FOR LIABILITIES

38,725

35,020

NET ASSETS

502,888

454,155

CAPITAL AND RESERVES

Called up share capital

7

300

300

Retained earnings

502,588

453,855

SHAREHOLDERS' FUNDS

502,888

454,155

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 November 2025 and were signed on its behalf by:

R G Dane - Director

1.	STATUTORY INFORMATION

Faversham Joinery (UK) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

25% on reducing balance and 15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - 16 ).

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 July 2024

256,166

66,714

144,382

55,629

522,891

Additions

57,250

-

-

5,609

62,859

At 30 June 2025

313,416

66,714

144,382

61,238

585,750

DEPRECIATION

At 1 July 2024

165,214

49,732

80,774

42,853

338,573

Charge for year

19,883

4,246

27,578

3,971

55,678

At 30 June 2025

185,097

53,978

108,352

46,824

394,251

NET BOOK VALUE

At 30 June 2025

128,319

12,736

36,030

14,414

191,499

At 30 June 2024

90,952

16,982

63,608

12,776

184,318

5.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

11,345

(2,741

)

Other debtors

-

2,084

11,345

(657

)

Amounts falling due after more than one year:

Other debtors

107,578

-

Aggregate amounts

118,923

(657

)

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

52,231

40,656

Taxation and social security

27,287

21,147

Other creditors

32,000

16,775

111,518

78,578

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

300

Ordinary

£1

300

300

8.	RELATED PARTY DISCLOSURES

During the year Rent of £18,000 (2024: £18,000) was paid to Abbey Park (Faversham) Limited, a Company in which Mrs K Williams is also a Director and Mr M White is a Director and Shareholder.

9.	ULTIMATE CONTROLLING PARTY